HI HB469

Establishes a Hawaii State Dividend Special Fund administered by the Office of the Lieutenant Governor to distribute annual payments to eligible residents.

Fund receives 3% of general state revenues and 1% of transient accommodations tax revenues.

Eligible individuals must be at least 18 years old, Hawaii residents for the entire prior year, absent no more than 90 cumulative days during the qualifying year (with specified exceptions), and not currently incarcerated.

Allowable absences include education, military service, medical treatment, family caregiving, settlement of deceased relative's estate, Peace Corps service, and Olympic team participation, with varying cumulative day limits based on reason for absence.

Lieutenant Governor determines annual dividend payment amount by dividing total available fund by number of eligible applicants and must provide public notice and written notification to ineligible applicants.